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Showing 20 of 1,248 results by Barbarian
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Board Speculation (Altcoins)
Re: Will Ethereum Big PUMP.?
by
Barbarian
on 22/01/2020, 04:30:12 UTC
Quote from: TWW on January 15, 2020, 02:55:51 PM
Quote from: tukagero on January 15, 2020, 10:02:08 AM
Quote from: Henrytrust on January 14, 2020, 09:11:59 AM
I personally can't wait to see ethereum pump commence, it's been a long time since we anticipated the hike in value. I learnt the ethereum 2.0 project is expected to be launched this year and that could contribute to the increase in the value of ethereum.
300$ will be the highest price of ethereum once ethereum 2.0 is live. It wont create any hype but atleast the price went up to 300$ for the whole year of 2020.
the effect of the ethereum 2.0 update won't be that big. but when the bitcoin pump happens on the market there is a big possibility that ethereum prices will rise even more than $ 300.
I really think that ethereum has been undervalued for a very long time, but the developers need to bring ethereum 2.0 live as soon as possible so hype can begin to generate around the coin especially when the market seems to be ready to give good profits, 300 should be very easy to reach and I think there is a real possibility of reaching 500 dollars during this year so it could be a good idea to begin to accumulate some ethereum so we can sell it and obtain good gains during the next months.
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Topic
Board Altcoin Discussion
Re: Sold my house for buying altcoins need your help
by
Barbarian
on 22/01/2020, 03:39:14 UTC
Quote from: Mighty_crypt on January 21, 2020, 01:17:05 PM
Whenever I come across this OP I can't help but keep thinking what you might be going through right now, altcoins aren't pumping and bitcoin remains the only coin doing all the pumps, apart from few fork coins that shows sign of recovery nothing more, it would have been an excellent choice if you go on Bitcoin instead of altcoins but yet if you are strong nothing is impossible
The main problem is that he invested everything in altcoins if he had invested everything in bitcoin then even if that was a risky decision at least most of us will understand such decision since we know that bitcoin sooner or later will surpass its ATH, and while he bought some good coins we do not know when the market of altcoins will begin to recover, it is possible that will not happen until 2021 when the next bull run seems most likely to happen but then the question is if he will be able to hold his coins for that long.
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Topic
Board Altcoin Discussion
Re: Other than bitcoin is it worth to invest in Ripple?
by
Barbarian
on 22/01/2020, 03:02:44 UTC
Quote from: LordShanken on January 15, 2020, 05:11:35 PM
The basic thing we should all know about, is that it's hard to call a centralized coin a "cryptocurrency". Unfortunately, but centralization conflicts with the foundaments of the cryptocurrency philosophy. Another thing is that a centralized coin can be created in infinite quantities, so there is a risk of being reprinted like normal money at any time. In my opinion, no serious investor should invest in such a thing.
It is obvious that most people are not really listening to your advice since ripple is the third coin in terms of market cap and most likely this is going to continue to be the case for a very long time, I do not like that aspect of ripple either but you need to think about ways to obtain profits and if ripple gives you the chance of making profits then you need to take it and as soon as that ends you should sell it and get a cryptocurrency that follows more closely the philosophy of this market.
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Topic
Board Speculation (Altcoins)
Re: How many ICO and IEO are you already following?
by
Barbarian
on 22/01/2020, 02:27:19 UTC
Quote from: BitDane on January 15, 2020, 03:03:33 PM
I used to follow lots of ICO and IEO but I found out that it is just a waste of time.  Instead of following new projects, I started to follow old projects with strong community and developers.  At least this cryptocurrency project had already established its ground and have delivered majority of their goals.  It also enable me to take advantage of hypes and fuds because it is already trading in the market.
I think many of us did the same thing, I remember thinking that altcoins were the future and that many of the coins in the market had a real chance to challenge bitcoin and now I cannot believe I had those views at some point, this market belongs to bitcoin and most likely this is going to be true forever and since then I only follow bitcoin and a few other altcoins that are actually good and have gained the recognition of the community since those are the only coins that will survive in the case of another bear market.
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Topic
Board Economics
Re: At which price will loose Bitcoin the dominance in the Crypto Market?
by
Barbarian
on 21/01/2020, 05:11:01 UTC
Quote from: Karmakid on January 18, 2020, 12:58:58 PM
Quote from: Betwrong on January 18, 2020, 12:10:21 PM
Bitcoin's current market cap is above 66% of that for all the other altcoins combined. Even if it went down to, say, 40%, BTC still would remain dominant in regards to market capitalization. Bitcoin is the most trusted coin among crypto currencies, and, in fact, all the other alts owe BTC that they are getting any adoption at all. Can any of them replace the king? Maybe, but not in this universe, where, apart from being number one already, Bitcoin has the best team of developers around.
Let's accept the fact that there will be the time that bitcoin will get replaced by a better cryptocurrency. It might be already existing or soon to be released by its developers. Bitcoin is like Nokia which is the pioneer of the cellphone and now it is replaced by the better ones like apple, samsung, huawei and many more. It is not about being the first or being the king, it is about the features and capabilities that you have an advantage on compare to others.
We cannot deny that bitcoin can be replaced but it is never going to be replaced by a coin that is basically using the same technology that bitcoin does as the majority of the coins in the market do, even the ones that are successful, besides you are thinking of bitcoin as if it is a smart phone while bitcoin is more similar to gold, and gold has been around for thousands of years and some economists are asking that we implement the gold standard again so that should give you an idea of how long bitcoin could last.
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Topic
Board Altcoin Discussion
Re: Do scam ICOs really taken to the court?
by
Barbarian
on 21/01/2020, 04:48:18 UTC
Quote from: Teraboy on January 14, 2020, 12:56:28 AM
Plex coin, diamond ico, bitconnect,  ReCoin and many more. It's good to see that those scam busters are aware of that and they wanna take the scam ico to the court and i hope that will be happening in the future.
But the problem is how they can deal with the regulation that is always different in many countries.
Let's say when you are located in US and the scammers are coming from abroad and how can you deal with it? i think that the possibility to make a report to the security exchange commission like SEC and that institution will try to create a call for another country to take any action to that scam ico.
Cases like that are really complex, since it requires the cooperation of many countries but most likely the country in which the ico was registered will be the place where the trial will have to take place, but if the ico was not registered anywhere and you do not have the names of the scammers it is going to be a real struggle to get those people to justice and most likely those that invested in those coins are never going to see their money again.
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Topic
Board Speculation
Re: Will bitcoin hit 15K in 2020?
by
Barbarian
on 21/01/2020, 04:28:19 UTC
Quote from: danherbias07 on January 14, 2020, 08:52:35 AM
It is now 8.6k at Yobit and is still growing.
I am satisfied with 10k though. I dont know about miners if they need an amount larger than that to satisfy their needs and also for payment of electricity.
I think that may be enough.

15k might be way far and we might see it after the halving only.
They do not need the price of bitcoin to be so high but I am sure they appreciate it, however the market does not really care about that, the miners just like any other actor in this market needs to time the market correctly and sell their coins when they can obtain the most benefits and if they cannot do that then they lose money, it may seem to be unfair but that is just the way the market works and they need to adapt to it like everyone else.
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Topic
Board Speculation
Re: Bitcoin price: US-Iran conflict is the answer
by
Barbarian
on 21/01/2020, 04:07:07 UTC
Quote from: karanggatak on January 15, 2020, 09:13:12 AM
in my opinion the rise of the bitcon at the beginning of this year was indeed affected by the conflict between Iran and America. but now the conflict between the two countries has subsided. but bitcoin continues to increase. so I think the increase in bitcoin right now is a result of bitcoin being reduced by half in May. if we look at the previous halvingd day bitcoin chart. bitcoin tends to increase before bitcoin is reduced by half.
I hold the same opinion, the growth of bitcoin is happening because of its own and unique circumstances but at the same time there seemed to be an effect on bitcoin as soon as the news about a new possible conflict came and this is interesting because this means that some people decided to use bitcoin as a store of value, even if they were not a lot of people this is good since it means that bitcoin is slowly gaining influence despite the efforts of the governments that this does not take place.
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Topic
Board Speculation
Re: Anyone else think "long term" hodlers are idiots?
by
Barbarian
on 21/01/2020, 03:41:22 UTC
Quote from: Mihaylovic on January 15, 2020, 10:09:34 AM
Quote from: Sevvero on June 25, 2017, 07:17:38 PM
Funny how every time the market is in a recession and losers keep holding on to their losses they magically become "long term" holders.

God damn it, "long term" is such a stupid meme. Admit it, you wanted to get rich quick and once you realised you are too dumb to swing trade you suddenly became a "long term" loser.

Such idiocity.

You think Dan Balzerian held anything "long term"?

Long term is for losers.

I dont think so.
You shouldn't forget that till end of 2017, the holders were the real winners of crypto market. that long down trend does not mean that holders will not make good profits again in the future.
The long term holders of bitcoin are still the greatest winners of this market, even if you bought bitcoin at the beginning of 2017 when it was around 1000 dollars then you are still obtaining 7.5x your capital after just 3 years and that is really good if you compare those kind of results to any other market and that is after a huge bear market, if we take that measure the next time we are in a bull market your profits could be 2 or even 3 times your current profits.
Post
Topic
Board Economics
Re: Is there formula for bitcoin price ?
by
Barbarian
on 18/01/2020, 04:45:57 UTC
Quote from: maplelake on December 25, 2019, 11:25:11 PM
I am wondering analysis of bitcoin price/value.
I see some simplified econmics model in Princeton course about bitcoin.
That is Supply = T/P
           Demand = S/D
For price P = TD/S.

Although it is simplied model, while it provides basic thinking about it.

My question is is there other popular model/formula about it ?
I think the question is why do you want to know a formula to calculate the price of bitcoin? Do you want to predict the movements of the price during the next days so you can profit from them? That is impossible, you can use technical analysis to make some inferences about the direction of the price but even those inferences are nothing but a safe guess about what it may happen since there are many examples you can find in the way bitcoin moves that defy those analyses.
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Topic
Board Speculation (Altcoins)
Re: Which are your recommendations for best coins to invest in 2020?
by
Barbarian
on 18/01/2020, 04:23:31 UTC
Quote from: inanilujimi on January 12, 2020, 03:18:38 PM
The higher the risk taken, the greater the benefits that can be obtained, that's the description of altcoin at this time, because for me, only the pump and dump are in altcoin.
My recommendation is the top 10 in CMC will follow the steps made by bitcoin.
Pump and dumps are extremely dangerous, even if you want to invest in some of the top altcoins in the market that does not mean that your capital cannot be severely damaged in just a few days, look at BSV, everyone was talking about that coin and the profits it was giving and yet just a few days later the coin is already giving 35% on losses and most like this is going to continue during the next days and I will not be surprised that those that invested at the top lose something between 60% or 70% of their capital during the next days.
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Topic
Board Speculation
Re: Return of the bull?
by
Barbarian
on 18/01/2020, 03:54:08 UTC
Quote from: old fart on January 07, 2020, 01:32:47 PM
Bitcoin is silently pushing up for the past few days, what could be the reason, could it be because of the halving coming up later or that the bulls are back in town.
It is too soon to see such a significant impact coming from the halving, most likely what we are seeing is an attempt by the bulls to change the trend of the market, and they are very close to get their way since now the price is awfully close to the SMA 200 which is acting as a resistance, if that level is surpassed you need to prepare yourself since we could see a huge growth but if it does not happen then most likely the price will go down a little bit.
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Topic
Board Trading Discussion
Re: Help in Trading
by
Barbarian
on 18/01/2020, 03:25:33 UTC
Quote from: market pearl on December 31, 2019, 06:57:44 PM
The biggest help in trading is provided by Technical analysis. It is very necessary to learn either fundamental analysis or Technical analysis to perform better in trading. Technical analysis is very easy to master and learn.

Technical Analysis is an art in which forecasting of price movements is done based on historical data i.e. price and volume. It is not an exact science where you can get result on an absolute basis but it is an art where everyone performs the analysis differently with the help of technical components like indicators, patterns, trendlines etc. on a chart.

Technical analysis is a very easy way to do chart analysis as compared to fundamental analysis. I found a great article which covers in-depth knowledge about Technical analysis. For a beginner or advanced trader, it will provide you with good exposure to Technical analysis.

https://www.mastershareprice.com/2019/11/technical-analysis-indepth-explanation.html#point2
Technical analysis is very straightforward to learn but it is really difficult to master, it is easy to deceive yourself by choosing the wrong indicators and thinking you are predicting the market when what you are doing is nothing but confirming your own biases, you need to detach your emotions from your analysis because there are going to be many times in which you are not going to like what you see and you will want things to be different and then you lose money by not listening to the markets.
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Topic
Board Bitcoin Discussion
Re: Bitcoin is the future ??
by
Barbarian
on 18/01/2020, 03:01:30 UTC
Quote from: KnightElite on January 12, 2020, 07:41:03 AM
Quote from: White Christmas on January 12, 2020, 05:22:53 AM
Quote from: takingthis4 on January 08, 2020, 07:23:56 AM
Okay, in this universe there's no stable, and essentially we can't assume that Bitcoin will be cryptocurrency's future as technology is changing.  In one side, what is now common and most modified will be obsolete in the near future, unless Bitcoin creator keeps up with the advancing technology and has made many changes and enhancements to Bitcoin to remain competitive. Bitcoin itself has many flaws but the good thing about Bitcoin, unlike these altcoin ICO, IEO craze, it doesn't start with crowdfunding, besides being the first decentralised cryptocurrency and widely adopted cryptocurrency.
That's right, we cant assume that bitcoin will be the future of the currency and the cryptocurrency because as time passes by technology around us is evolving day after day in which the technology is so fast on changing in different phases that's why we can't assume that this is probably the future.
Bitcoin right now is one of the trending in the internet world in which it is already become popular due to many of users that are engaging into it and that is the best way we can say that bitcoin right now is good, but until when it will be good enough for us crypto enthusiast? Until the next decade? What if after some years there would be some cryptocurrency that will defeat bitcoin? Then we cannot say that bitcoin is really the future.
As time passing by, the demand of the people into bitcoin is constantly changing. As long as the demand will stay as it is or if the demand will become more higher then there is a bright future waiting for bitcoin. There is no altcoins that can surpass bitcoin, even there are altcoins that have more good characteristics than bitcoin; investors are still choosing to make investment with bitcoin because it is already proven that its value is continuing to rise over time.
While the demand changes in the short term in the long term the demand is only going up, this creates confidence in investors that the price of bitcoin will continue to go up in the future and it is not going to crash as the price of many altcoins did in the past in which many coins crashed more than 99% and many coins disappeared after the bubble of 2017, and that confidence is not something you can buy, bitcoin has earned that trust during the last 10 years and no coin comes close to enjoy that same trust from their investors.
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Topic
Board Speculation
Re: How much can bitcoin cost in Future.
by
Barbarian
on 17/01/2020, 04:44:09 UTC
Quote from: angryswamp on January 16, 2020, 08:37:52 PM
Bitcoin's price for the future depends on how we see it now. Most of us now see it as a commodity, and the market for bitcoin continues to rise. Mass adoption is taking place even though you don't think it's easy. We can't predict the bitcoin price correctly in the future if we're just going to focus on its current price. The key is to see that over time it''s going to continue going up

What is going to be the future price of bitcoin during the next decades is one of those questions from which we wish we had the answer but we need to be honest and admit we have no way to know that, everything will depend on how the fiat crisis that is boiling will be resolved and how people react to it, if people decide to keep trusting in fiat despite everything that it will happen then bitcoin may not be as valuable as we think but if bitcoin became an alternative for many people then we could be talking about hundreds of thousands of dollars for each bitcoin.
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Topic
Board Economics
Re: Why Bitcoin is not that good as currency?
by
Barbarian
on 17/01/2020, 04:21:37 UTC
Quote from: judaspriest on January 11, 2020, 02:18:55 PM
Quote from: elisabetheva on January 11, 2020, 12:05:57 AM
Quote from: bobitza on January 10, 2020, 02:46:22 PM
I agree with you! Bitcoin has no market price stability like currency. The price of bitcoin varies from time to time: sometimes up and sometimes down. So many people who are not bold in investing in Bitcoin don't even dare to invest in Bitcoin. In fact, many countries do not accept BTC.
maybe each person will have a different analysis in exposing bitcoin, I agree that bitcoin does not have market price stability. but I might be different about investing in bitcoin, because it is very good for long-term investment. it takes patience and is not quick to panic in exposing the price of bitcoin which is rapidly changing, but with good analysis it will get very positive results.
In the past, Bitcoin was very good for the long term,
but for now I think it is very difficult to predict the price of bitcoin and is it still good to invest here in the long term.
You are talking as if that was a very long time ago and as if that was not true anymore, bitcoin is a very good long term investment, I have began to see the value of some stocks and even if you held them for 20 years you would not have gotten much out of them and you would have been unable to beat inflation with that kind of growth, but if you bought bitcoin at the beginning of the previous year right now you will have profits above 100%.
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Topic
Board Altcoin Discussion
Re: You think that governments might adopt cryptocurrencies to replace fiat currency
by
Barbarian
on 17/01/2020, 03:55:41 UTC
Quote from: ice098 on January 11, 2020, 03:02:11 PM
Quote from: Wipeout2097 on January 11, 2020, 02:44:29 PM
I have positive approach for this topic,It is possible and government will adopt it may be not early but in future .Adopting crypto will be need of government.Its era Of modern smart technology and new generation sick of from old trends like traditional banking systems.Artificial Intelligence overtaking the corporate sectors why Because Artificial Intelligence more productive than manpower.

Cryptocuurency save our time and no need of any third party to make transaction locally or globally,This is reason business tycoons and investors attract from the crypto and use it in daily life.
I am sorry for contrasting what you have said but I dont think that the cryptocurrency will be adopted by the government because cryptocurrency's price in the market is not stable and needs a lot of improvement and besides there are a lot of things does the fiat can do but not the cryptocurrency coz as what I said it needs more improvement.
Governments only think about one thing and that is to keep and to increase their power over their citizens, they are not going to accept cryptocurrencies but not because of the reasons you state, they are not going to accept them because they are going to lose control of the population and their money if they do that and they will never do something like that unless they are completely forced to do it, and I think in the future instead of adoption we will see many governments banning cryptocurrencies but people will keep using cryptocurrencies despite the ban.
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Topic
Board Bitcoin Discussion
Re: Bitcoin The King Of Crypto
by
Barbarian
on 17/01/2020, 03:24:09 UTC
Quote from: johnwest on January 11, 2020, 01:52:01 PM
You cant compare Bitcoin with altcoins. If you see the popularity and adoption of bitcoin and the length of being a reality in the market, altcoins wont stand a chance against Bitcoin. There are coins which have potential and can be adopted in mass but it will be harder to beat the King.
One thing that I notice is that people like us could easily name 20 or 30 altcoins without too much trouble but that is because we are involved in this market, if you ask a random person about this market most likely the first and only coin that will come to their mind will be bitcoin and if you were to ask them if they knew of any other coin, they will ask you if there are other coins besides bitcoin, and I know that is true because when I first joined this market I did not knew that altcoins existed.
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Topic
Board Altcoin Discussion
Re: Investing in multiple altcoins
by
Barbarian
on 17/01/2020, 03:01:46 UTC
Quote from: gielbier on January 13, 2020, 10:48:39 PM
Too many coins that you invest by only having 500 CAD, I suggest you to choose just a few maybe 5 coins so you can invest 100 CAD on each coin. If you have a large capital I don't think it's wrong to want to have a lot of portfolios.
I agree I am surprised that people spread their capital so thin, even if the price of one of those coins goes up very rapidly then your profits are still going to be very small if you only invested 10 CAD and I doubt those profits are going to be enough to recover the transactions costs and the fees you need to pay to the exchange, it is better to just select a few coins in which you have high hopes of their potential instead of buying so many coins.
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Topic
Board Altcoin Discussion
Re: Other than bitcoin is it worth to invest in Ripple?
by
Barbarian
on 15/01/2020, 04:34:47 UTC
Quote from: TanakabZX on January 10, 2020, 06:46:17 AM
Xrp is one of the sleeping dragons in crypto space that I know of, it has it's potential even when it's a centralized coin and I believe it's on of the reasons why it will do better in near future, just invest what you can afford to lose and add other coins like ETH and BTC to your list too
Ripple has been sleeping for a very long time and while it is obvious that it is a good coin and that is why it is in the third place in terms of market cap at the same time we cannot overlook that the coin has not given profits for a very long time, it is not a good investment, it is better for you to invest just in ethereum and bitcoin that way you are going to obtain more profits in the future and you are not going to take any additional risks by investing in a coin that most likely will not move as much as ethereum or bitcoin.